Service tax
This query is : Resolved
21 May 2015
can you tell if the service tax is a withholding tax in nature??? And if so, is it a federal tax or a local tax from the individual state???
CA AnKiT BoHrA (AB)
(Expert)
21 May 2015
its is not a withholding tax ..
it is a central govt tax... not a state tax
it is a central govt tax... not a state tax
21 May 2015
thank you sir. TDS comes under Withholding tax, m i right? Plz explain me withholding tax.
CA AnKiT BoHrA (AB)
(Expert)
21 May 2015
A withholding tax, also called a retention tax, is a government requirement for the payer of an item of income to withhold or deduct tax from the payment, and pay that tax to the government
Rupesh Jain
(Expert)
15 June 2015
tds only with holding nature .
Rupesh Jain
(Expert)
15 June 2015
tds only with holding nature .
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